To create and operate an ecosystem, which enables mass adoption of Electric Vehicles and
therefore, make a social impact

Make Social

We aim to create a significant environmental impact by enabling rapid shift towards clean energy & create a social impact in the lives of our partners, stakeholders & society at large.

Create & Operate

We have created inter-dependent ecosystem of companies, which offer Funds, Engineering Services, Fleet Operations & Products, focused on First & Last mile, EV segments only.

Enable EVs

We work closely with startups, OEMs, Suppliers, Financiers & Government bodies to ensure that Electric Vehicles become the preferred option for goods movement.

Our Companies

A shared vision, put to an action, has led to the creation of 4 separate yet inter-dependent
business entities


Micelio Fund is a clean mobility focused fund that invests patient capital into clean mobility technologies and business models. The fund looks for value and innovation rather than potential for quick growth and hence we philosophically refer it to as patient capital.

  • $20 Million Fund
  • 400+ Applications
  • 3 Investments made


Micelio Studio creates an ecosystem of clean mobility startups. It also owns state of the art testing facilities equipment and allows start-ups to them at significantly affordable costs to foster innovation.

  • 100+ members
  • 10+ Engineering Test setups
  • 20+ Team Strength


Numeros Motors designs and manufactures electric vehicles that specifically cater to last mile logistics and commute use cases. It will unveil its first scooter in Dec’21 and it will expand the portfolio to 3 products & multiple derivatives.

  • $50 Million Capital Outlay
  • 50 thousand/year capacity Factory
  • 60+ Team Strength


Lightning Logistics is an EV – first and last mile logistics company that partners with marquee clients in the e-Commerce, e-Grocery, food tech and FMCG space to deliver goods to their customers on electric vehicles.

  • 1500+ Electric Vehicles
  • 20+ Clients
  • 10+ Cities

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Our Founder

Shreyas Shibulal

Founder, Micelio Mobility


Led by the passion & vision of Shreyas Shibulal, Micelio Mobility is set up to nurture & grow the Indian Electric Vehicle ecosystem. It is the only company that works across a breadth of different aspects of the Electric Vehicle ecosystem in India.


In his position one could have picked any other well-established industry to make their mark on the world, but being who he is he chose to bet on an industry that was young yet would be responsible for having a large positive global impact. This is what separates visionaries from the rest of us, they see things that are hard for most of us to conceive, they make choices that seem irrational to the majority but in the end, they help build a world no one else could have for future generations.


As a young leader he understands the need to deploy resources towards carbon neutral initiatives and prevent from things going out of hand for humanity at large. We are proud to have the opportunity to be on this mission with him.